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Golden Gate Capital Announces Investment in Covia

[December 31, 2020] Golden Gate Capital Announces Investment in Covia Golden Gate Capital, a leading private equity investment firm, today announced that it has invested in Covia, which successfully completed its financial restructuring and emerged from Chapter 11 today. Through its restructuring, Covia has reduced its long-term debt by approximately $750 million and its fixed costs, including railcar obligations, by an additional $300 million. Covia is a leading provider of mineral-based mater...
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Source: tmcnet.com

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